Small employers with group medical renewals later this 2014 year, mostly Q4, will have the option to keep their current plan for another 12 month period. Prior to the recent passage of SB 1446, the ‘grandmothering’ bill signed by Governor Jerry Brown, small employers renewing in 2014 were required to change to new ACA compliant…
DetailsI have been saying since the initial rumblings of Health Care Reform that tax treatment of group medical insurance may be on its way to great change. As soon as it became mandatory to list the full premium of group medical insurance on W-2’s, even though it is noted that there are presently ‘no tax…
DetailsAlthough Health Care Reform has meant a lot of struggle, confusion and rising costs for employers, there are some positive cost implications of Obamacare that may be increasingly realized over time. For employers who don’t offer health insurance to employees, there is a higher frequency of reporting a work-related medical situation under Workers’ Compensation so…
DetailsThe IRS released final regulations governing information reporting under Sections 6055 and 6056 for health plan coverage. This information will be used to determine if an applicable large employer owes Employer Mandate penalties if a full-time employee receives subsidized coverage through an exchange. These reporting requirements apply for calendar years after December 31, 2014 and…
DetailsSenate Bill 1446 may be signed by Governor Jerry Brown in October of 2014. As it currently stands, the bill would allow a small group employer policy that was in effect on October 1, 2013, or early renewed in December of 2013, to be renewed until January 1, 2015 through the plan year ending December…
DetailsMany employers made changes to their group medical insurance waiting period to conform to Patient Protection and Affordable Care Act (PPACA) requirements. The Federal requirement is that the group medical insurance waiting period not exceed 90 days with coverage to be effective on the 91st day. A ‘first of the month following 90 days’ strategy…
DetailsSome large and small employers have considered sending full-time employees to the exchanges for individual coverage rather than offering group medical insurance. Companies such as Zane Benefits and some brokers are telling companies that they may do this and still take advantage of pre-tax medical insurance premium treatment by reimbursing employees’ individual medical insurance premiums…
DetailsSeeChange held a terrific webcast update on Health Care Reform and implications for all employers. These webcasts help us to stay up-to-date on the implication of Health Care Reform, also known as PPACA, ACA and Obamacare for our clients. SeeChange is an innovative medical insurance carrier that provides a great network and financial incentives to…
DetailsCertified Healthcare Reform Specialization continuing education provides us with the most up-to-date information on the Affordable Care Act (ACA), also known as Health Care Reform and Obamacare. We are committed to continual education and up-to-the-minute change information so that we can help you to navigate this legislation and prepare for the administrative and financial implications.…
DetailsThis page provides you with a fantastic breakdown that will help you determine whether you are an applicable large employer, determine the controlled group and the hours that you must begin to track for your variable hour employees for purposes of determining eligibility.